Internal Code: MAS7294
Statistical Analysis Assignment:
Task:
The spreadsheets provide information for 338 houses. Variables in the dataset include:
- The housing ID
- Region by postcode
- Distance from city in kilometres
- Number of rooms
- Type: Detached (1) Semi-detached (0)
- Age in Years
- Price in Euros
Your task is to “get a feel” for what is going on in this particular housing market. In particular, we want to use simple descriptive statistical techniques as well as plots and graphs to get a first understanding of which variables are likely to influence house prices.
You will, therefore, replicate some of the basic techniques that every marketer needs to know:
- Create one or more pivot table that shows
(a) the average house price by type of house;
(b) the average price of house by number of rooms;
(c) the average house price by postcode. What do you find?
- Visualise the pivot table using appropriate plots